Showing 1 - 10 of 52
TQM takes 51% in True Life, Extra
Business, Darana Chudasri, Published on 30/04/2021
» TQM Corporation (TQM), the only SET-listed insurance broker, has acquired 51% in both True Life Broker Co and True Extra Broker Co to cement its position in the life insurance business with total investment not exceeding 270 million baht.
TQM turns to M&A strategy
Business, Darana Chudasri, Published on 24/02/2021
» TQM Corporation, the only SET-listed insurance broker, announced it will count on joint ventures and acquisitions this year as key drivers of its goal to achieve 50 billion baht in insurance premiums by 2026.
Noble buying 20% of Srisawad subsidiary SWP for B300m
Business, Darana Chudasri, Published on 19/11/2020
» Real estate firm Noble Development and financial services firm Srisawad Corporation announced a joint investment deal to allow Noble to purchase 20% of total shares in Srisawad's subsidiary SWP Asset Management, valued at 300 million baht.
Gold trade gets redefined
Business, Darana Chudasri, Published on 13/08/2020
» After years of regulations confining gold trade in Thailand to the baht, the US dollar will now be used.
Compensating farmers with a high-tech touch
Business, Darana Chudasri, Published on 11/07/2020
» Thai fragrant jasmine rice has been a renowned agricultural product for a long time, promising an aromatic taste and a stream of revenue to farmers who are regarded as the country's backbone.
Mad dash to cash in on gold spike
Business, Darana Chudasri, Published on 16/04/2020
» Thailand's net gold exports of 18,052 kilogrammes in February and 17,638kg in March outpaced the total volume in 2019 of 13,528kg, indicating a mad rush to sell the metal, while the lopsided market has compelled some goldsmiths to temporarily shut down for fear of a cash shortage.
Time to shine for Hua Seng Heng's third-gen CEO
Business, Darana Chudasri, Published on 28/03/2020
» Growing up on Yaowarat Road, home to Bangkok's bustling Chinatown and the country's dominant gold trading area, Tanarat Pasawongse did not initially see himself as the next in line to inherit the family-owned gold trading business of Hua Seng Heng Group of Companies, Thailand's largest gold importer.
Bank of Thailand panel likely to cut policy rate
Business, Darana Chudasri, Published on 23/01/2020
» The Bank of Thailand's rate-setting committee is expected to cut the policy rate by 0.25 percentage points to a record low of 1% this quarter to shore up the country's economic growth and slow the baht's appreciation, says Standard Chartered Bank (Thai).
Talking crypto with the SEC's digital asset sage
Business, Darana Chudasri, Published on 20/07/2019
» With the likes of Satoshi Nakamoto and Vitalik Buterin dominant, masculine names are frequently referenced when the topic of cryptocurrencies and digital assets arises.
KBank raises concerns over investment risk
Business, Darana Chudasri, Published on 29/03/2019
» Kasikornbank (KBank) will trim its 2019 economic growth forecast because of a global economic slowdown and the possibility of lukewarm private investment if there is a lengthy process forming a new government.